Wendy Introwitz Pareene writes:
>
http://www.ag.state.mn.us/charities/search_res1.asp?Fed=411309335&Yr=CUR
R&cmdSearch=Submit
>
> This link is to the charities division of the Minnesota
> attorney general's office for one Minneapolis neighborhood ...
> ...A 1 year budget of $450,000+
> about $200,000 goes to staff salaries, bennies, office space
> for the staff, phone bills ($8000 for 1 year?). $82,000 gets
> written off because NRP refuses to cover these expenses for
> whatever reason(?). That leaves... about $120,000 for actual
> projects/programs for this neighborhood.
Doug Walter replies:
Wendy, I read the State Auditor's report on Lyndale Neighborhood
Association entirely different. It actually states that Lyndale put
$368k back into the neighborhood ("Program Service Expense") in program
funds--not the $120k that you deduce.
The "red ink" $82k that you say is written off by NRP appears to be
nothing of the sort, but the difference in assets from the year before
("Changes in Fund Balance"). Their payroll is low, and most other
expenses are more than reasonable.
I agree that the $8,144 listed as "telephone" seems high when taken at
face value. However, that amount may depend on how they classify
expenses--it may include their web development and ISP/Hosting charges,
etc., which I don't see listed elsewhere. I do know--having been
through the process--that the State's auditors miss nothing.
Doug Walter
TEMPORARY REMINDER:
1. Don't feed the troll! Ignore obvious flame-bait.
2. If you don't like what's being discussed here, don't complain - change the subject
(Mpls-specific, of course.)
________________________________
Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy
Post messages to: mailto:[EMAIL PROTECTED]
Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
